Podcasts

The Dangers of Chasing Yield- Episode 109
Managing Your Financial Future

The Dangers of Chasing Yield- Episode 109

October 4, 2022

As some investors already know, there is a distinct correlation between risk and reward. The greater the potential reward for an investment, the higher the risk. On the other side of the coin, lower-risk investments tend to produce lower rates of return. This is something that many people often forget — especially those investors who are new to the game. If you pay attention only to a particular investment’s prior performance without looking at the potential risks involved, there could be devastating consequences for your portfolio later on. Purchasing investments based solely on their rate of return is what’s known as “chasing yield,” and it’s a mistake that can and should be avoided.
Where Should You Invest In Your 401k?- Episode 107
Managing Your Financial Future

Where Should You Invest In Your 401k?- Episode 107

September 20, 2022

A 401k is often looked at as a “set it and forget it” type of plan: allocate your investments, and simply make regular ongoing contributions from there.  And if you’re a young person who’s many years away from retirement, that may be a very sound way to look at it. But while a 401k may be somewhat “think-proof,” your asset allocation within the plan is actually very important.  A young person may not want to be too conservative, while someone who’s nearing retirement may be better served with a less aggressive strategy. Seems obvious, right?  Maybe not.  Podcast host Johnny Dean and “Professor” Rick Plum, CFP® offer some very helpful tips on what you need to know about your 401k investments on this week’s episode of Managing Your Financial Future!
A Tale Of Two Retirements: One Good, One Bad- Episode 106
Managing Your Financial Future

A Tale Of Two Retirements: One Good, One Bad- Episode 106

September 13, 2022

How is it possible that two individuals could retire with the exact same portfolio allocation and use the exact same withdrawal strategy, and yet one is still going strong after 40 years while the other is completely destroyed before year 10? The problem comes with the uncontrollable element of investing: the stock market itself. What happens with the markets in the first few years after retirement can determine the success or failure of a financial strategy. This is why your strategy needs to anticipate what may happen before it actually does happen. Learn more about how to potentially protect yourself from the uncontrollable market swings with podcast host Johnny Dean and Rick “The Professor” Plum, CFP® on this week’s episode of Managing Your Financial Future!
Why Your Portfolio Withdrawal Strategy Matters – Episode 105
Managing Your Financial Future

Why Your Portfolio Withdrawal Strategy Matters – Episode 105

August 3, 2022

A lot of people’s attention is focused on building a nest egg: which investment strategies you should use in order to achieve a good rate of return. But surprisingly little notice is given to how you should extract that money at retirement. And this may be the more important aspect. No matter how much money you accumulate over your lifetime, if you’re careless with how it’s eventually spent, it could be gone well before your time is up. So how do you potentially make your money last at least as long as you do? Learn what you need to know about portfolio withdrawal strategies — like Buckets